Common use of Independent Contractor Clause in Contracts

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which the Adviser gives any advice to its the Adviser’s clients concerning the shares of a Fund, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingauthorized, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunderAdviser shall, the Adviser is and shall for all purposes herein, be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust in its investment commitments unless otherwise provided. No agreement, bid, offer, commitment, contract or any Fund in any way other engagement entered into by Adviser whether on behalf of Adviser or otherwise be deemed whether purported to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way have been entered into on behalf of the FundTrust shall be binding upon the Trust, and all acts authorized to be done by Adviser under this Agreement shall be done by it as an independent contractor and not as agent.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of Trustees of the Trust from time to time, shall have no authority to act for or represent the Trust or any a Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunderThe Adviser shall, the Adviser is and shall for all purposes herein, be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust in its investment commitments unless otherwise provided. No agreement, bid, offer, commitment, contract or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which other engagement entered into by the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way whether on behalf of the FundAdviser or whether purported to have been entered into on behalf of the Trust shall be binding upon the Trust, and all acts authorized to be done by the Adviser under this Agreement shall be done by it as an independent contractor and not as agent.

Independent Contractor. In the performance of its duties hereunderAdviser shall, the Adviser is and shall for all purposes herein, be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust or any Fund in any way its investment commitments unless otherwise provided. No agreement, bid, offer, commitment, contract or otherwise be deemed other engagement entered into by Adviser whether on behalf of Adviser or whether purported to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way have been entered into on behalf of the Fund shall be binding upon the Fund, and all acts authorized to be done by Adviser under this Agreement shall be done by it as an independent contractor and not as agent.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of the Trust from time to time, shall have no authority to act for or represent the Trust or any a Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of Trustees of the Company from time to time, shall have no authority to act for or represent the Trust or any a Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In Except as otherwise provided herein or authorized by the performance Board of its duties hereunderTrustees from time to time, the Adviser is and shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of Trustees of the Trust from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fundagent.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser gives any advice to its the Adviser’s clients concerning the shares of a the Fund, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fundthe Funds, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundFunds.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Fund’s Board from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fundagent.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of Directors of the Fund from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunderThe Adviser shall, the Adviser is and shall for all purposes herein, be deemed to be an independent contractor andcontractor, and shall, unless otherwise expressly provided herein or otherwise and authorized in writingto do so, shall have no authority to act for or represent the Trust Company or any the Fund in any way way, or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf be deemed an agent for the Company or for the Fund. However, one or more shareholders, officers, directors or employees of the FundAdviser may serve as directors and/or officers of the Company, but without compensation or reimbursement of expenses for such services from the Company.

Independent Contractor. In the performance of its duties hereunder, the Adviser Advisor is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser Advisor gives any advice to its clients concerning the shares of a Fund, the Adviser Advisor will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or authorized by the Trust from time to time, have no authority to act for or represent the Trust in any way or otherwise be deemed its agent. The Adviser understands that unless expressly provided herein or authorized in writingfrom time to time by the Trust, the Adviser shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundTrust's agent.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Fund's Board from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fundagent.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund Company in any way or otherwise be deemed to be an agent of the Trust or any FundCompany. If any occasion should arise in which the Adviser gives any advice to its the Adviser’s clients concerning the shares of a Fundthe Company, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the FundCompany.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund Company in any way or otherwise be deemed to be an agent of the Trust or any FundCompany. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fundthe Company, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundCompany.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor contractor, and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund Company in any way or otherwise be deemed to be an agent of the Trust or any FundCompany. If any occasion should arise in which the Adviser gives any advice to its the Adviser’s clients concerning the shares of a Fundthe Company, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the FundCompany.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund Company in any way or otherwise be deemed to be an agent of the Trust or any FundCompany. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundCompany.

Independent Contractor. In the performance of its duties hereunder, the Adviser Advisor is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser Advisor gives any advice to its clients concerning the shares of a the Fund, the Adviser Advisor will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board of Trustees of the Fund from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or otherwise authorized in writingby the Board from time to time, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an its agent of except as provided for herein or in another agreement between the Trust or any Fund. If any occasion should arise in which Fund and the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundAdviser.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which The services of the Adviser gives any advice to its clients concerning the shares of a FundTrust are not to be deemed exclusive, and the Adviser will act solely shall be free to render similar services to others so long as investment counsel for such clients and its services to the Trust are not in any way on behalf of the Fundimpaired thereby.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided herein or authorized by the Trust from time to time, have no authority to act for or represent the Trust in any way or otherwise be deemed its agent. The Adviser understands that unless expressly provided herein or authorized in writingfrom time to time by the Trust, the Adviser shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundTrust’s agent.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunderAdviser shall, the Adviser is and shall for all purposes herein, be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust in its investment commitments unless otherwise provided. No agreement, bid, offer, commitment, contract or any Fund in any way other engagement entered into by Adviser 4 whether on behalf of Adviser or otherwise be deemed whether purported to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way have been entered into on behalf of the FundTrust shall be binding upon the Trust, and all acts authorized to be done by Adviser under this Agreement shall be done by it as an independent contractor and not as agent.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the THE Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its the Adviser's duties hereunderhereunder , the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which the Adviser gives any advice to its the Adviser ' s clients concerning the shares of a Fund, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the The Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no authority to act for or represent the Trust or any Fund in any way its investment commitments unless otherwise provided herein. No agreement, bid, offer, commitment, contract or otherwise be deemed to be an agent other engagement entered into by the Adviser, whether on behalf of the Trust Adviser or any Fund. If any occasion should arise in which the Adviser gives any advice whether purporting to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way have been entered unto on behalf of the Fund, shall be binding upon the Fund, and all acts authorized to be done by the Adviser under this Agreement shall be done by it as an independent contractor and not as an agent of the Fund or the Trust.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel adviser for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunderAdviser shall, the Adviser is and shall for all purposes herein, be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, and shall have no 4 authority to act for or represent the Trust in its investment commitments unless otherwise provided. No agreement, bid, offer, commitment, contract or any Fund in any way other engagement entered into by Adviser whether on behalf of Adviser or otherwise be deemed whether purported to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way have been entered into on behalf of the FundTrust shall be binding upon the Trust, and all acts authorized to be done by Adviser under this Agreement shall be done by it as an independent contractor and not as agent.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Fund except as provided herein. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any the Fund in any way or otherwise be deemed to be an agent of the Trust or any the Fund. If any occasion should arise in which the Adviser gives any advice to its the Adviser’s clients concerning the shares of a the Fund, the Adviser will act solely as investment counsel for such these clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its the Adviser's duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which the Adviser gives any advice to its the Adviser's clients concerning the shares of a Fund, the Adviser will shall act solely as investment counsel for such said clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund Company in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundCompany.

Independent Contractor. In the performance of its duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fundthe Funds. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the Fund.

Independent Contractor. In the performance of its the Adviser’s duties hereunder, the Adviser is and shall be an independent contractor and, unless otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust or any Fund the Funds in any way or otherwise be deemed to be an agent of the Trust or any Fund. If any occasion should arise in which the Adviser gives any advice to its clients concerning the shares of a Fund, the Adviser will act solely as investment counsel for such clients and not in any way on behalf of the FundFunds.